Reading 29: International Equity Benchmarks Flashcards
"a discuss the need for float adjustment in the construction of international equity benchmarks; b discuss trade-offs involved in constructing international indices, including 1) breadth versus investability, 2) liquidity and crossing opportunities versus index reconstitution effects, 3) precise float adjustment versus transactions costs from rebalancing, and 4) objectivity and transparency versus judgment; c discuss the effect that a country’s classification as either a developed or an emergi
1
Q
Review
A
Read the highlights in text
